Property prices for rent in Baguio (Benguet)

The rent prices in real estate in Baguio, in the Benguet region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.

₱ 30,608.8
Average price last 6 months
₱ 474.37
Price/m² last 6 months
Average price per m2

The price per m² in Baguio has had a strong fall during the last 6 months. In June, the average price per m² was ₱ 649.31. In July this price barely changed remaining at ₱ 649.31 per m². The price for the following two months in (August, September) had a considerable fall of 48 with regard to the previous two months. The price per m² has had a considerable fall of 47 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per m² of ₱ 479.96 to ₱ 226 during October, and November.

Average price

When referring to the price in Baguio (cities), this has risen considerably in the last 6 months. In our first sample month during June, the average price is ₱ 17,333. In July This price remains at ₱ 17,333. During the following two months (August, September) the average price had a considerable rise of 238 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from ₱ 29,333.25 to ₱ 17,855.5, which means a 61 % fall.

Average price per bedrooms

The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of ₱ 35,711 they are 61 % more affordable than the average price for Baguio . The properties with the highest average price have 1 bedroom, Their price is 28 % more expensive than the average. After that we have properties with 2 bedrooms priced at ₱ 45,027.

With regard to the average price per m², those properties with 4 bedrooms are the most affordable ones at a cost of ₱ 226 / m², with an average ₱ 452 / m² price in Baguio. The properties with the most expensive average prices have 1 bedroom. They are 48 % more expensive than the average followed by properties with 2 bedrooms with a price at ₱ 615 / m².

Price per property type

The graph displaying the average rent prices displays the property type "House And Lot" as the most affordable one. At an cost of ₱ 35,711 it is 63 % more affordable than the average price in Baguio. "Apartment" is seen as the second most affordable property type. The most affordable property is "Townhouse" followed by "Condominium". At a price of ₱ 13,892 it is 35 % more affordable than the average price.

According to the average cost per m², the most affordable property is "House And Lot" at an average price of ₱ 166 / m² followed by "Apartment" priced at ₱ 176 / m². "Townhouse" is the most affordable type of property with a ₱ 340 / m² value followed by "Condominium" with an average price of ₱ 226 / m².

Charts data
Average price November
Average price per m² November
Number of properties used in Baguio
Number of properties used in region Benguet
₱ 35,711
₱ 452
70
86
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value